THE CONDO BOOK PROJECT

Residence Kam 35 Bay Condominium

207 Bay 35th Street, Brooklyn, NY 11214

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Overview

Units
7 residential · 6 parking
Subway
11 min walk to 25 Av DBay Pkwy D, 12 min
Principals
Sau Chung Cheung
Average $/sf
$1,123Homes in Schedule A, as first offered
Common charges
$281–$559 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 ‐ June 30, 2025
Offering price
$6.68 million total

The sponsor of record is Kam Cheung Realty LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 259 pages. The sponsor has filed 4 amendments, the latest in April 2026. The nearest other condo plan on file is 211 Bay 35th Condominium, next door.

Plan CD230353 · New · accepted Jul 17, 2024 · AG record ↗

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FigureThis building1Bealin210 units · 0.9 miaccepted 2024Bath Beach Residence311 units · 1.1 miaccepted 2024
Common ChargesPer Square Foot / Month$0.52Above peers$0.51$0.51
Average Offering PricePer Apartment$924,286Above peers$898,210$762,436
Average PricePer Square Foot$1,123Above peers$1,037$1,011
Property TaxesPer Square Foot / Month$1.09Above peers$1.03$0.92
Average Unit SizeSquare Feet823 SFIn line866 SF754 SF

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Unit mix, closings, budgets, finishes and the team, against Bealin and Bath Beach Residence, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed29% of the homes in Schedule A2 of 7
Closing prices vs. Schedule A2 homes: $1,482,572 at closing against $1,848,000 in Schedule A (p. 36)−19.8%
Average closing price2 homes, on their Schedule A square feet$903 / SF
Closingsfirst and latest recordedDec 1, 2025 – Dec 4, 2025

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 2 closings
HomeRecordedClosing priceSchedule ADifference
1BDec 1, 2025$578,366$668,000 p. 36−13.4%
PHDec 4, 2025$904,206$1,180,000 p. 36−23.4%

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Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
Kam Cheung Realty LLC
Principals
Sau Chung Cheung
Tax estimate
The Mazursky Group, Inc.Prepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

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